Chubu Electric to buy LNG from Qatar for 15 yrs from 2013

has signed a contract to buy liquefied natural gas (LNG) from Qatar for 15 years from 2013 to ensure a stable electricity supply, the company said in a statement on Friday.

Chubu Electric, whose reliance on gas-fired power plants is among the highest in Japan's power utilities, said it will buy 1 million tonnes per year of Qatari LNG between 2013 and 2017 and 700,000 tonnes per year between 2018 and 2028.